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Hongda new material (002211) announced that the company plans to transfer 100% equity of Jiangsu Mingzhu silicone rubber material Co., Ltd., a wholly-owned subsidiary of the company. After two auctions, the company carried out the third public auction on November 30, 2019 with 70% of the appraised value of assets, i.e. the price of RMB 262 million as the base price of the auction. Shi Jihong, a natural person, participated in the auction on that day and finally reached RMB 262 million After that, the company signed the equity transfer agreement with Shi Jihong.
As of the date of this announcement, Shi Jihong has paid the balance of the equity transaction in accordance with the equity transfer agreement, with an amount of 105 million yuan. The company has received all the transaction funds for the transfer of the equity of Jiangsu Mingzhu silicone rubber material Co., Ltd.
After receiving the payment, the company cooperated with Shi Jihong to go to the local industry and Commerce Department to cancel the pledge registration in accordance with the equity transfer agreement and equity pledge contract, and this transaction has been completed.
According to the data, Jiangsu Mingzhu silicone rubber material Co., Ltd. is a wholly-owned subsidiary of Hongda new material Co., Ltd., which mainly produces high temperature silicone rubber series products. Founded in 1992, the company is one of the earliest domestic enterprises involved in high temperature silicone rubber products. Jiangsu Hongda new material Co., Ltd. mainly produces high temperature silicone rubber series products. Founded in 1992, it is one of the earliest domestic enterprises involved in high temperature silicone rubber products. The company's shares were issued and listed on Shenzhen Stock Exchange in February 2008 (Stock Code: 002211), becoming a listed company in the silicone rubber industry in China.
Source: glomway and network
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